SLM Balance Sheet Health
Financial Health criteria checks 2/6
SLM has a total shareholder equity of $2.1B and total debt of $5.0B, which brings its debt-to-equity ratio to 235.5%. Its total assets and total liabilities are $28.3B and $26.2B respectively.
Key information
235.5%
Debt to equity ratio
US$4.98b
Debt
Interest coverage ratio | n/a |
Cash | US$3.64b |
Equity | US$2.11b |
Total liabilities | US$26.16b |
Total assets | US$28.28b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SM1's short term assets ($25.7B) exceed its short term liabilities ($20.9B).
Long Term Liabilities: SM1's short term assets ($25.7B) exceed its long term liabilities ($5.3B).
Debt to Equity History and Analysis
Debt Level: SM1's net debt to equity ratio (63.1%) is considered high.
Reducing Debt: SM1's debt to equity ratio has increased from 147% to 235.5% over the past 5 years.
Debt Coverage: SM1's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if SM1's interest payments on its debt are well covered by EBIT.